One of the major strengths of America has always
been its free market system. Wealth is
generated by those who invest in their business
and provide jobs to the population - not by the
federal government. In an uncorrupted free
market system, businesses who follow bad
business practices, are unethical or who charge
too high a price for their goods or services, go
out of business or are brought in line by
competitors. The free market system ALWAYS
works unless there are other factors involved or
it is corrupted.
Government bailouts, illegal actions and
barriers to competition are some of the means by
which the free market system is corrupted.
Granting mortgages to hordes of people who can't
afford them are another form of corruption of
the free market system.
In an economic downturn, the U.S. economy
will always eventually right itself.
Government intervention almost never works, but
it just isn't politically popular for government
officials to sit back and do nothing, even when
in most cases that is probably the best thing
they can do.
Government intervention into the free-market
system should focus on the aforementioned
corruptions of the free market system. The
federal government generates very little to help
the economy and is a tremendous waste of wealth.
One of the factors affecting the generation
of wealth by our free market system, is the
serious reduction in
American
manufacturing jobs that used to provide
jobs, wealth and other benefits for much of the
American middle class.
The free-market system, when not corrupted,
is self-policed by the competitive market.
Businesses that operate inefficiently, that
provide inferior products, or that charge prices
that are too high, are brought in line by
competition. Bad business fails - good and
smart business wins. Government programs usually
have no competition to force them to be
efficient and cost conscious.
The current policies of the liberal
government will bankrupt our country and there
is likely no other country on earth that will
bail us out. |